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Nov 29, 2012
11/12
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john fortt with the story. >> microsoft is launching an attack on google shopping. the argument, because merchants now must pay to list there, google's prioritizing its pocketbook over accuracy. you're getting scroogled. here's microsoft's ad. >> can you spot the ads in the google shopping search results? it's easy. they're all ads. sure, they say your search is sorted by relevance, but the truth is google sells their shopping results. they scroogle you by defining relevance as how much they're getting paid. don't get scroogled. you may be missing out on the best prices and highest quality products. for an honest search, try bing. >> but the charges might not hold up. i found google's product results to be higher quality than bing's in my searching today. fewer bogus listings. and google's system doesn't exactly charge merchants to list items. it charges them for clicks, which amounts to a tax. it's really not that different from fees ebay and amazon charge to third-party sellers. >> thanks, john. >> getting ugly out there. so will microsoft's attack ads work? and w
john fortt with the story. >> microsoft is launching an attack on google shopping. the argument, because merchants now must pay to list there, google's prioritizing its pocketbook over accuracy. you're getting scroogled. here's microsoft's ad. >> can you spot the ads in the google shopping search results? it's easy. they're all ads. sure, they say your search is sorted by relevance, but the truth is google sells their shopping results. they scroogle you by defining relevance as how...
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Dec 6, 2012
12/12
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we just learned john mcafee has been taken to the hospital in guatemala. this follows news the former software tycoon was about to be deported to belize to face questions over a murder. let's bring everyone up to speed. mcafee has been on the lam for three weeks after the murder of his american neighbor in belize. belize police are seeking him for questioning. this week he fled to guatemala in hopes of finding safety and political asylum. his request for asylum was denied. police announcie ining today th going to fly him back to belize. he's about to be taken to the hospital amid reports he had two mild heart attacks. least been blogging all day today from his detention cell. his lawyer says the heart attacks have not prevented him from blogging, but we don't know why he's in the hospital. what happens now is anyone's guess. this strange movie is far from over. back to you. >> it's going to make a great movie some day. it is unbelievable. >> so bizarre. you know, he's been on the run. now, you know, he's in custody but with two heart attacks. >> i know he'
we just learned john mcafee has been taken to the hospital in guatemala. this follows news the former software tycoon was about to be deported to belize to face questions over a murder. let's bring everyone up to speed. mcafee has been on the lam for three weeks after the murder of his american neighbor in belize. belize police are seeking him for questioning. this week he fled to guatemala in hopes of finding safety and political asylum. his request for asylum was denied. police announcie...
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Dec 4, 2012
12/12
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john burns says all this is just one more sign the corporate tax environment is not working. michael, this is obviously a case of borrowing from peter to pay paul, which you call crazy, right? >> well, when the federal reserve takes interest rates to ridiculously low levels, people do dumb things. they borrow money to buy nasdaq stocks. they borrow money to flip houses. sometimes they borrow money, corporations do, just to send it out the back door. they don't use it to create capital goods or to raise the revenue and earnings. they just send it out the back door, and they leverage up their balance sheet. i want to put to you on notice that corporations vin creased their debt by over $1 trillion since december of 2007. horribly inefficient way to grow an economy. >> it's interesting you say that. i feel like one day we're going to back and say, remember whe could borrow at 3% to buy a house. if companies have to borrow the money to pay a dividend, why issue a dividend? >> well, i think we forgot whose money it is. it's the shareholders' money through the company. tax law make
john burns says all this is just one more sign the corporate tax environment is not working. michael, this is obviously a case of borrowing from peter to pay paul, which you call crazy, right? >> well, when the federal reserve takes interest rates to ridiculously low levels, people do dumb things. they borrow money to buy nasdaq stocks. they borrow money to flip houses. sometimes they borrow money, corporations do, just to send it out the back door. they don't use it to create capital...
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Dec 4, 2012
12/12
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john boehner, the speaker of the house, sent a message that a deal was in the works. he threw several house members off of key committees when they criticized him openly for looking like he was ready to make some deal on taxes with president obama. that's a sign to me that he's going to clear the decks to try to push through a deal. it's a sign that we're going get some kind of tax increases for the top 2%. i don't know where those numbers are going to be. pretty clear to me that a deal is in the works and we're heading in that direction. what i'm not sure of is whether the market will go up on this, necessarily. >> in terms of that january effect, bob, does that even matter this year? >> yes, look, it's not long from anybody, january and february are the best months of the year. that's a factor. >> let me ask you about putting money to work, keith springer. you say we're going to get a deal regardless. we may get a deal regardless, but that deal means probably higher taxes and lower spending. what are the areas in the economy in your view that get impacted most by a
john boehner, the speaker of the house, sent a message that a deal was in the works. he threw several house members off of key committees when they criticized him openly for looking like he was ready to make some deal on taxes with president obama. that's a sign to me that he's going to clear the decks to try to push through a deal. it's a sign that we're going get some kind of tax increases for the top 2%. i don't know where those numbers are going to be. pretty clear to me that a deal is in...
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Nov 29, 2012
11/12
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FBC
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right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green continuing the postelection resurgence. apple was in bear market correction level just a few weeks ago, but right now jumping about 1%. disappointing november sales numbers. costs dropping 6%, tiffany got a markdown, earnings missed street estimates. and then there is aeropostale coming in way below forecasts. what is a trader to do beside watching a nuisance headlines coming out of washington? traders at the new york stock exchange, what a day today. some better games at the moment but again a perfect example of how washington is holding the market. >> you talk a
right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green...
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Nov 30, 2012
11/12
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house speaker john boehner talking yet again today about the lack of progress in talks with the president. this is a quote "there is almost no progress, but he is willing to move forward in good faith." consumer discretionary stocks have been the week links today. things like yum brands have been down on things like heavy volume. sale estimates missed. hy retail out of fashion once again. coach and tiffany in the red. they missed their earnings numbers. market does not like surprises. let's take a look at metal. gold down about $17. even as the dollar falls against the euro. perhaps, you can blame it on the fiscal cliff. you can mention that silver is down more tightly. lots of things going on in the markets. coming up just a little bbt later in the show, you have to see this. talk about optimism. michael milken. remember him in the 90s? he was a real rock star when it came to backing small entrepreneurial ideas and companies and then became huge. now, he is all about doing the same for medicine did helping patient in funding research by teaming up with the national institute of health. m
house speaker john boehner talking yet again today about the lack of progress in talks with the president. this is a quote "there is almost no progress, but he is willing to move forward in good faith." consumer discretionary stocks have been the week links today. things like yum brands have been down on things like heavy volume. sale estimates missed. hy retail out of fashion once again. coach and tiffany in the red. they missed their earnings numbers. market does not like surprises....
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liz: breaking news, a bizarre twist in the ongoing story of software guru john mcafee. he's been on the run since he felt he was being accused of murdering his neighbor in belize. he long ago sold the company, but this morning the news was he had entered guatemala ill rely as he was on the -- illegally as he was on the run. he suffered two minor heart attacks after being arrested. he was carried out on a stretcher from an immigration service cottage where he had been detained after crossing illegally into guatemala. this is a police story, this is a business, i guess, interest story. you know, he was a -- the founder of a big company, lost a lot of the money he had made in the early days of that company and now in a bizarre move after having been accused possibly, or he thinks he's being accused of killing his neighbor in belize, he tried to get into adequate mall la, he's been hospitalized. reporters are descending now. >>> look at shares of starbucks, brewing up following the coffee chain's analyst meeting. the company announced plans, as you know, to open 3,000 store
liz: breaking news, a bizarre twist in the ongoing story of software guru john mcafee. he's been on the run since he felt he was being accused of murdering his neighbor in belize. he long ago sold the company, but this morning the news was he had entered guatemala ill rely as he was on the -- illegally as he was on the run. he suffered two minor heart attacks after being arrested. he was carried out on a stretcher from an immigration service cottage where he had been detained after crossing...